Finance
Greenlake Senior Living Buys 99-Unit Emerald City Senior Living Facility in Seattle for $12.5MM
By Kate Snyder A senior care facility in Seattle has traded hands in a deal that shows investors continue to be attracted to...
Amazon Opts Not to Renew 209,000 SQFT Lease in Seattle
By Kate Snyder Amazon is planning to vacate more space in Seattle. The e-commerce giant is opting not to renew a lease spanning...
Lennar Places 11,000-Unit Multifamily Portfolio up for Sale
By The Registry Staff Miami-based Lennar, a prominent homebuilder, has made a strategic decision to put a substantial multifamily portfolio on the market,...
RISE Properties’ Copper Creek Apartments in Milton Trade in Equity Deal for $48.7MM
By Kate Snyder An apartment complex in Milton traded in what appears to be an equity deal, as the buyer and seller are...
Interstate Bridge Replacement Program Awarded $600MM in USDOT Grant Funding
Federal support demonstrates multimodal Interstate Bridge replacement is national priority. Vancouver, WA –Today it was announced that the Interstate Bridge Replacement program has...
Legacy Health Sells 119,400 SQFT Medical Building in Portland for $60.5MM
By The Registry Staff Facing financial challenges in recent years, Legacy Health has sold a medical office building amid ongoing talks with the...
CNBC: Don Peebles Sees More Assets Given Back to Lenders in 2024
Don Peebles, The Peebles Corporation CEO and chairman, joins ‘Power Lunch’ to discuss his expectations for the commercial real estate market.
Compass Group Takes Over Operations at Amazon Food Production Facility in Renton in $12MM Deal
By Kate Snyder Amazon is giving up more space in the Puget Sound region. The e-commerce giant has finalized a deal with Compass...
Blackstone Joint Venture Buys 20 Percent Stake in Approximately $17B Signature Bank Portfolio
NEW YORK & MIAMI & WASHINGTON & TORONTO – Blackstone Real Estate Debt Strategies (“BREDS”), Blackstone Real Estate Income Trust, Inc. (“BREIT”), Canada...
U.S. Real Estate in 2024: A Landscape of Opportunity Amidst Challenges
The U.S. real estate market in 2024 presents a complex landscape. Despite facing headwinds including high interest rates, geopolitical conflicts, and near recessions...
Veritas Investments Los Angeles Buys 44-Unit Apartment Asset in Downtown Bellevue for $16.1MM
Veritas Investments Los Angeles’ (“VILA”) acquires 44-unit apartment community on abundant parcel close to new light rail station First time property was made...
Tacoma-Based Harbor Custom Development Files for Chapter 11 Bankruptcy
TACOMA, Wash, Dec. 11, 2023 — Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) (collectively with certain of its wholly owned subsidiaries...